BUDAPEST (Reuters) - Hungary's state-owned MKB Bank will be sold to a consortium of domestic and foreign equity funds, with Hungarian owners getting a majority stake, the bank's chief executive Adam ...

First there was fintech. Now there are financial institutions going completely digital and embracing open banking systems. Hungary’s MKB Bank — one of the country’s largest — recently revamped its ...

MKB Bank, a top Hungarian lender that is party to an imminent three-way merger, said on Friday that Chief Executive Adam Balog would step down at the end of the year. Balog will stay on if a successor ...

Hungary's MKB Bank would be free to grow its business through acquisitions or increasing lending when the European Union lifts the restrictions on business activity imposed after its rescue, Chief ...

BUDAPEST, June 1 (Reuters) - Businessmen close to Prime Minister Viktor Orban have emerged as the biggest shareholders of MKB Bank less than a year after Hungary's fifth-largest lender was privatised.

MKB Bank Zrt., Hungary’s fifth-largest lender, plans to sell as much as a 30 percent stake on the Budapest bourse to meet terms of a European Union-sanctioned bailout, Chief Executive Officer Adam ...

Hungarian prime minister Viktor Orbán (right) and central bank governor György Matolcsy at a news conference in Budapest in December 2014, regarding the safety net being drawn around recently acquired ...

Hungary’s MKB Bank is not insolvent but might have faced longer-term problems if the central bank (NBH) had not taken control of it, deputy NBH governor Adam Balog said yesterday. The NBH announced on ...

Rating Action: Moody's takes rating actions on Budapest Bank Rt. The bank's Not Prime short-term bank deposit ratings, CRRs and NP(cr) CRA have been affirmed.The outlook on both bank's long-term bank ...